Asset-Specific Ledgers

Definition ∞ Asset-specific ledgers are dedicated digital records that document the ownership and transaction history for individual digital assets. Each ledger maintains a distinct, unalterable history solely for a particular asset, ensuring precise tracking and accountability. This design segregates asset data, which can improve performance and data management. It provides a granular, verifiable audit trail for distinct digital properties.
Context ∞ The discourse surrounding asset-specific ledgers often relates to their function in boosting scalability and efficiency for platforms managing a high volume of diverse digital assets, such as non-fungible tokens or tokenized real-world assets. Debates consider the trade-offs between centralized asset management within a single blockchain and the distributed nature of multiple specialized ledgers. A critical future task involves optimizing cross-ledger compatibility and standardization for these isolated records.